US stocks tumble as Treasury yields rise, Middle East tensions simmer
NEW YORK: Wall Street ended sharply lower on Monday amid rising U.S. Treasury yields as simmering tensions in the Middle East…
Markets
Asian shares fall on U.S. rate scare, yen plumbs 34-yr low
SYDNEY: Asian shares tracked Wall Street lower on Thursday as sticky U.S. inflation forced markets to slash bets on how…
Tough competition for IPOs as markets recover
With the market for initial public offerings (IPOs) showing signs of making a comeback in 2024, competition to capture new…
Hottest stock index also has the best earnings
The NSE Nifty Next 50 Index is emerging as the hottest stock gauge in India, as investors look for pockets…
Foreign net outflows to recover in 2H24
Malaysia’s year-to-date net foreign outflow, which has grown to RM1.21bil, is not something to be worried about, say analysts.
SC revokes financial planner’s licence on false details
The Securities Commission (SC) has revoked the Capital Markets Services Representative’s Licence (CMSRL) of Lim Chee Kuang on the basis…
Taking the big LEAP to the ACE Market
While welcoming the move by the Securities Commission (SC) to accelerate the transfer process of ACE Market companies to the…
FBM KLCI lower on holiday mood
Profit-taking activities ahead of the Hari Raya Aidilfitri holiday led to Bursa Malaysia finishing lower yesterday.
Modest gains as US markets brace for CPI data, earnings
The Nasdaq and S&P 500 posted modest gains on Tuesday, a day ahead of major inflation data, weighed down by…